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Dec 12, 2012
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and women would have already brokered that deal on the fiscal cliff. >> i think, if we were in charge of the senate, and of the administration, that we would have a budget deal by now. >> reporter: do you all believe that? >> yes, without a doubt. >> yes. >> and what i find, with all due deference to our male colleagues, that women's style tend to be more collaborative. >> i think by nature we are less confrontational and more collaborative. and having us in the room and, i think, you know, all of us, not only do we want to work in a bipartisan way, we do it. >> i want you to know that soon, you'll see the whole interview with the powerhouse women of the senate. they are here to take action. and you have to see what they're going to be saying. >>> and now, we turn to that showdown raging in the heartland of the united states. perhaps no place in america more closely associated with unions than the state of michigan. and today, thousands of union workers descended on the capital to protest a new law they believe could be an ominous signal for unions and worker paychecks everywhere. her
and women would have already brokered that deal on the fiscal cliff. >> i think, if we were in charge of the senate, and of the administration, that we would have a budget deal by now. >> reporter: do you all believe that? >> yes, without a doubt. >> yes. >> and what i find, with all due deference to our male colleagues, that women's style tend to be more collaborative. >> i think by nature we are less confrontational and more collaborative. and having us in...
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Dec 19, 2012
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. >>> and the dow jones leapt 115 points today on the hope that is a deal is closer on that fiscal cliff, now just 14 days away. so what is on the table tonight? is a deal close? how does it affect your family? jonathan karl here with that. jon? >> reporter: with everybody's taxes at stake here, both sides have made big concessions to try to get a deal. president obama has agreed to limit the annual cost of living increases for people getting social security. somebody retiring this year. that could mean $130 less a year by 2015 and less after that. a big deal for democrats. they always said that social security was untouchable. meanwhile from republicans, speaker boehner has agreed to raise tax rates on the wealthy. specifically those making $1 million a year. there are 280,000 people making that much a year. some of them are small business owners. others are people like alex rodriguez. he made $30 million. next year alone, he could pay $1.3 million more in taxes. i got to tell you, despite the concessions on both sides there is increasing pessimism here about getting to a deal. in fact,
. >>> and the dow jones leapt 115 points today on the hope that is a deal is closer on that fiscal cliff, now just 14 days away. so what is on the table tonight? is a deal close? how does it affect your family? jonathan karl here with that. jon? >> reporter: with everybody's taxes at stake here, both sides have made big concessions to try to get a deal. president obama has agreed to limit the annual cost of living increases for people getting social security. somebody retiring...
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investors appeared optimistic about avoiding the fiscal cliff after president obama suggested that a deal could be reached in about a week. >>> the government issues a new warning about reverse mortgages. those are mortgages that give senior citizen homeowners an immediate cash payment in exchange for future equity. today, the obama administration will recommend congress prohibit large lump sum payments for reverse mortgages. and it will recommend that seniors be very careful before signing one. >>> a new starbucks store is likely coming soon to a neighborhood near you. the coffee giant plans to over 1,500 more cafes over the next 5 years. another 1,500 stores are planned for canada and latin america. starbucks has expansion plans in china and for its product line sold in grocery stores and other vendors. >>> your smartphone will soon be able to send how your feeling and respond proeply. it uses voice features. it was successful about 80% of the time in correctly identifying the emotion. rob, can you tell my emotion right now? >> you sound happy and wide-awake. >> i'm very happy. >>
investors appeared optimistic about avoiding the fiscal cliff after president obama suggested that a deal could be reached in about a week. >>> the government issues a new warning about reverse mortgages. those are mortgages that give senior citizen homeowners an immediate cash payment in exchange for future equity. today, the obama administration will recommend congress prohibit large lump sum payments for reverse mortgages. and it will recommend that seniors be very careful before...
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a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the president also spoke out today about the lethal stockpile of chemical weapons in the hands of the brutal regime in syria. chemicals so deadly, one drop can kill within minutes. abc's senior foreign affairs correspondent martha raddatz on these weapons and whether it means the u.s. may be forced to take action. >> reporter: the latest intelligence is alarming. officials telling abc news the u.s. is now seeing specific signs that the syrian regime may be preparing to use the chemical sarin against opposition forces. sarin is an extremely t
a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the...
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avoiding the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began speci
avoiding the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising...
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Dec 14, 2012
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more signs that they're no closer to a deal to the fiscal cliff. but at least yesterday, president obama and house speaker john boehner sat down and talked. house speaker john boehner paid a visit to the white house for a nearly hour-long meeting with president obama. it was their second face-to-face session in the past five days. the president was asked if he's feeling optimistic. >> it's a work in progress. >> reporter: very much in progress. right now there's even disagreement on what they're disagreeing about. is it tax rates for the wealthy? >> there are some clear, you know, red lines when it comes to how we build a broader deficit reduction package. >> reporter: or is it spending cuts? >> it's clear the president is not serious about cutting spending, but spending is the problem. >> reporter: in ten minutes, boehner hammered home that point nearly two dozen times and signaled there may be room for flexibility. >> if the president will show us he's willing to make the spending cuts needed, i think we can do some real good in the days ahead. >
more signs that they're no closer to a deal to the fiscal cliff. but at least yesterday, president obama and house speaker john boehner sat down and talked. house speaker john boehner paid a visit to the white house for a nearly hour-long meeting with president obama. it was their second face-to-face session in the past five days. the president was asked if he's feeling optimistic. >> it's a work in progress. >> reporter: very much in progress. right now there's even disagreement on...
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but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper, abc new, the white house. >> that's scary, 11 days. fellows you sit up there until it gets wrapped up. quick synopsis, gop, $800 billion in revenue through tax reform on the table. that's not what the white house wants. they want tax rates to go up as oppose to revenue going up which would include closing some loopholes. kind of one of the sticking points. >> and speaker of the house john boehner sent a nice little hallmark card, a letter to the president. i want to read you an excerpt. he set the american people rightly expect both parties to come together on a fair middle ground and address the nation's most pressing challenges. the proposal calls for $1.
but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper, abc new, the white house. >> that's scary, 11 days....